Totally agree, this is a case of "intellectual property gone too far". Twitter didn't become big because of riding on the back of the TWiT trademark, and if people have heard of TWiT, no one confuses it with Twitter.
It's usually the case that the property owner is some big multinational company (like Disney or something) and the supposed infringer is some small artist. This time, it's reversed: Twitter is the 900-pound gorilla and TWiT is the plucky underdog. But the principle is the same, this is an absurd lawsuit only possible because of the modern legal system's screwed up obsession with intellectual property.
It's usually the case that the property owner is some big multinational company (like Disney or something) and the supposed infringer is some small artist. This time, it's reversed: Twitter is the 900-pound gorilla and TWiT is the plucky underdog. But the principle is the same, this is an absurd lawsuit only possible because of the modern legal system's screwed up obsession with intellectual property.